Congress, and especially the GOP, is made up of idiots. The Fed is the only institution that has stood between us and a more severe recession. If congress really cared about creating jobs there is plenty they could do, like giving tax incentives to corporations to build factories here in the U.S....or encouraging states to give consumers sales tax relief on U.S. made products. There are plenty of ideas out there, but the GOP wants the economy to stay bad so Obama won't get re-elected.
Gail Nyeof CA7:52PM October 20, 2011
Here is an article that explains how the Federal Reserve's ultra-low interest rate policies may well have lowered consumer spending and GDP growth which has resulted in higher unemployment than would have normally been experienced during an economic recovery:
The only thing our government knows how to grow is government. Pretty soon we'll all be working for the federal government. pathetic. I really wish people would just wake up, say "F" you to Congress and pass term limits themselves in their own states for their own House Reps and Senators. Way to many people have been in government way to long to have any sort of connection with WE THE PEOPLE.
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Gail Nye of CA 7:52PM October 20, 2011
Steve Thompson of ME 7:15PM October 04, 2011
Groovy of NY 7:14PM October 04, 2011